FMCG Packing Market to Surpass $1 trillion by 2030 Driven by Innovation, Environmental Concerns and Rapid Growth in e-Commerce

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A new report from Industry Experts Inc, on "FMCG Packaging," is released. According to this global market research report, the market for FMCG Packaging is estimated at US$793.6 billion in 2024, up from US$756 billion in 2023, and projected to post a CAGR of about 5% between 2024 and 2030 to reach US$ 1.1 trillion in 2030.

The global FMCG Packaging market is driven by several key growth trends: rising consumer demand for convenience, the rapid growth of e-commerce, and increasing awareness of sustainability. As consumers seek easy-to-use and store products, innovative packaging solutions are needed to meet these demands. The shift towards eco-friendly packaging, driven by environmental concerns and regulatory pressures, is pushing brands to adopt recyclable and biodegradable materials.

The Food & Beverage sector led the market with a 68.7% share in 2024 because of the high demand for packaged consumables, driven by increasing urbanization, busy lifestyles, and the need for convenience. Consumers seek easy-to-use, portable, and long-lasting food products, making packaging crucial for preserving freshness, ensuring safety, and extending shelf life. Additionally, food safety regulations and standards necessitate innovative and protective packaging solutions.



The market for FMCG packaging analyzed in this report on a global basis covering all major regions including North America (The United States, Canada, and Mexico), Europe (France, Germany, Italy, Russia, Spain, United Kingdom & Rest of Europe), Asia-Pacific (Australia, China, India, Japan, South Korea & Rest of Asia-Pacific), South America (Argentina, Brazil & Rest of South America) and Middle East & Africa (South Africa, Türkiye & Rest of Middle East & Africa).

The study analyzes the global market for FMCG packaging analyzed with respect to Product Type – Rigid and Flexible; Material – Plastic, Paper & Paperboard, Metal, Glass and Others; and End-Use Sector – Food & Beverage, Pharmaceuticals, Personal Care & Cosmetics, Homecare Products and Others.

About Industry Experts, Inc
Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

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